PROBABLE Prediction 1997.10 ![[CROSS]](../cross.gif)
Submitted 24th May, 1996 by erik leech
[email protected]
Prediction:
hong kong's economic prowess will decline after Oct '97. The Chinese will remove the 'velvet' glove from her iron fist.
Objective measurement:
Hang Seng Index will drop below the 6000 mark before the middle '97.
When:
1997
Why:
The passing of an era - the chi continues to move .. everything changes.
Further comments:
- Multinational corporations will relocate to Australia or Singapore as their regional headquarters.
- HK's legislative assembly will be a house of puppets. (if it is not already so)
http://business.firstunion.com/econ/view/0,3635,18,00.pdf - The Hang Seng has never dropped below the 6000 mark.